Microsoft revenue forecast under threat from PC market slump, mighty dollar
By Yuvraj Malik (Reuters) – Microsoft Corp is set to post its slowest quarterly revenue growth in over five years on Tuesday, with some analysts …
forecast
China Sept industrial output growth beats forecast
BEIJING (Reuters) – China’s industrial output in September rose 6.3% from a year earlier, better than 4.2% growth in August, official data showed on Monday, …
More severe weather forecast for Australia’s southeast amid flood crisis
SYDNEY (Reuters) – Australia’s weather forecaster predicted heavy rain for large swaths of country’s flood-hit south and east on Sunday as a flood crisis continues …
Zuppler Announces Forecast Report for Food Service Industry; Projecting 175% Growth in Software and Services for 2022 and a Push Toward Local Delivery
Key areas of focus include the 83% growth in platform and digital tools to resolve key issues in customer experience Conshohocken, PA (-) Zuppler, a …
TOUS les JOURS Closes Q1 2022 With Tremendous Sales Momentum and Impressive Development Forecast
Tous les jours kicks off 2022 with impressive q1 performance Popular French-Asian Bakery Chain Delivers Extraordinary First Quarter Performance Highlighted by Product Innovation and Future …
Hurricane Roslyn forecast to near major strength as it hits Mexican coast
MEXICO CITY (Reuters) -Hurricane Roslyn is expected to hit Mexico’s Pacific coast at near major hurricane strength bringing dangerous storm surges and flooding, the U.S. …
U.S. Permian oil production forecast to hit record in November -EIA
NEW YORK (Reuters) – Oil output in the Permian in Texas and New Mexico, the biggest U.S. shale oil basin, is forecast to rise by …
Netflix’s forecast in focus as streaming pioneer set to launch ad-supported tier
By Eva Mathews and Savyata Mishra (Reuters) – Netflix Inc’s subscriber growth forecast will be in focus when it reports third-quarter results on Tuesday, with …
Japan’s Oct-Dec crude steel output forecast to slip
By Yuka Obayashi and Kantaro Komiya TOKYO (Reuters) -Japan’s crude steel output is expected to fall for a fourth consecutive quarter in the last three …
Malaysia’s August industrial production up 13.6%, above forecast
KUALA LUMPUR – Malaysia’s industrial production in August rose 13.6% from a year earlier, beating expectations, government data showed on Wednesday. August’s factory output had been forecast …
FedEx’s reduced holiday forecast no surprise to skeptical contractors
By Lisa Baertlein LOS ANGELES (Reuters) – FedEx Corp stunned investors last week by signaling that it was bracing for a further decline in the …
Italy business lobby cuts 2023 economy growth forecast to zero on energy concerns
MILAN (Reuters) – The Italian economy will grow more than expected in 2022 but will stagnate in 2023, the country’s main business lobby said on …
Austria’s WIFO slashes 2023 GDP forecast, warns of stagflation
BERLIN (Reuters) – Austria’s WIFO institute slashed its 2023 forecast on Friday, saying record inflation rates resulting from the war in Ukraine are steering the …
German retail sales dip more than forecast in August
BERLIN (Reuters) – German retail sales fell by a slightly more-than-forecast 1.3% in August compared to the previous month, data showed on Friday. Analysts polled …
Argentina inflation forecast to top 100% as prices spiral
BUENOS AIRES (Reuters) – Argentina’s annual inflation could hit 100.3% this year, according to an analysts survey published by the country’s central bank on Thursday, …
Bank of Spain cuts 2023 growth forecast to 1.4%, lifts 2022 forecast
By Jesús Aguado MADRID (Reuters) -The Bank of Spain on Wednesday significantly cut its GDP growth forecast for next year due to the impact of …
French Sept services sector growth slightly less than flash forecast -final PMI
PARIS (Reuters) – Activity in the French services sector expanded in September, albeit by a bit less than initially forecast, a survey showed on Wednesday, …
Exclusive: Tesla output forecast shows jump in Q4, growth through 2023 – sources
(Reuters) – Tesla plans to push global production of its top-selling Model Y and Model 3 electric vehicles sharply higher in the fourth quarter and …
J.P. Morgan ups Mexican economic growth forecast on manufacturing boost
MEXICO CITY (Reuters) – J.P. Morgan analysts raised their economic growth forecast for Mexico’s third quarter gross domestic product (GDP), as well as for 2022, …
WTO chief expects downside revisions in global trade forecast
GENEVA (Reuters) – The head of the World Trade Organization told Reuters on Tuesday that she expects that global trade forecasts will be revised lower …
Ireland hikes surplus forecast ahead of budget
DUBLIN (Reuters) – Ireland on Saturday almost doubled its budget surplus forecast for 2022 to 0.9% of gross domestic product thanks to booming corporate tax …
Italy to slash 2023 growth forecast to just above 0.5%, sources say
By Giuseppe Fonte ROME (Reuters) – Mario Draghi’s outgoing Italian government is preparing to cut its growth estimate for 2023 to just above 0.5% as …
Philippine cbank hikes rates again, raises inflation forecast
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) – The Philippine central bank hiked its benchmark interest rates by half a percentage point …
Chemours cuts earnings forecast on low demand, high input costs
(Reuters) – Chemours Co cut its full-year forecast for adjusted earnings on Wednesday citing low demand and high input costs, sending its shares down 5% …
Finland cuts 2023 GDP growth forecast, eyes recession risk
HELSINKI (Reuters) -Finland’s finance ministry on Monday cut its economic growth forecast for 2023 and said the country was at risk of a recession. The …
Forecast for Fed terminal rate hits new high, shaking stocks and bonds
By Davide Barbuscia NEW YORK (Reuters) – Expectations of how aggressively the Federal Reserve will raise rates in its fight against inflation hit a fresh …
Cathay Pacific Airways raises passenger capacity forecast
(Reuters) -Hong Kong’s Cathay Pacific Airways expects to reach a third of pre-pandemic passenger capacity by the end of the year, increasing a previous estimate …
Brazil’s economic activity index beats forecast with 1.2% growth in July
BRASILIA (Reuters) – Economic activity in Brazil rose much higher than expected in July, a central bank index showed on Thursday, reinforcing forecasts for a …
Cheniere Energy boosts buyback, earnings forecast
(Reuters) -The largest U.S. liquefied natural gas exporter, Cheniere Energy Inc, on Monday raised its earnings outlook and laid out plans to pay higher dividends …
JPMorgan slashes EM corporate debt issuance forecast by a third
By Marc Jones LONDON (Reuters) – Investment bank JPMorgan slashed its forecast for developing world corporate debt issuance by a third on Monday, the latest …
Dollarama lifts annual comparable sales forecast on strong demand
(Reuters) – Canada’s Dollarama Inc on Friday raised its full-year same-store sales forecast after topping quarterly revenue estimates, helped by strong demand for its groceries …
Credit Suisse raises UK GDP forecast after energy package
LONDON (Reuters) – Credit Suisse raised its 2023 UK GDP forecast on Friday, predicting that the UK government’s plan to freeze household energy bills for …
Fed Unveils Bleak Forecast In Another Troubling Sign For The Economy
Fed Unveils Bleak Forecast In Another Troubling Sign For The Economy John Hugh DeMastri on September 7, 2022 The Federal Reserve released its Beige Book …
Thai headline CPI meets forecast in August, may have peaked
By Kitiphong Thaichareon and Satawasin Sta[censored]charnchai BANGKOK (Reuters) – Thailand’s headline inflation rate in August rose slightly from the previous month to a 14-year high, …
Here’s Your Sunday Jersey Shore Weather Forecast for Labor Day Weekend
Toms River, NJ- Labor Day weekend continues on Sunday. Good morning we’ll start with areas of patchy fog that will break for partly sunny skies …
Colombia August inflation forecast to rise amid food, housing cost pressures: Reuters poll
By Nelson Bocanegra BOGOTA (Reuters) – Colombia’s inflation is forecast to have shown further upward growth in August, a Reuters poll revealed on Thursday, as …
Brazil’s govt to improve 2022 GDP forecast, says monetary policy won’t devastate economy
BRASILIA (Reuters) – Brazil’s Economy Ministry will improve its forecast for 2022 gross domestic product from the 2% growth seen in July, which is already …
Singapore July manufacturing output up 0.6% y/y, misses forecast
SINGAPORE (Reuters) – Singapore’s industrial output in July grew 0.6% year-on-year, well below forecasts, partly due to a decrease in the output of electronics and …
UBS ups Greek economy’s 2022 growth forecast on tourism tailwind
ATHENS (Reuters) – Greece’s economy could grow by 5.7% this year from 4.0% previously forecast as the country benefits from a strong rebound in tourism, …
Moldova cuts 2022 economic growth forecast to zero
CHISINAU (Reuters) – The Moldovan government revised its 2022 economic growth forecast to zero from the previous 0.3%, pointing to the negative impact of the …
Nordstrom lowers annual forecast as inflation hits demand
(Reuters) -Nordstrom Inc cuts its annual revenue and profit forecasts on Tuesday, a sign that decades-high inflation was squeezing consumer spending on its high-end clothing …
Forecast for Powell’s mountain resort trip: High inflation, limited visibility
By Howard Schneider (Reuters) – For workers hoping to hold onto wage gains and investors hoping to hang onto profits, Federal Reserve Chair Jerome Powell’s …
Polish net inflation at 9.3% y/y in July, above forecast – central bank
(Reuters) – The following is a table of Polish annual net inflation indices for July, published by the central bank on Tuesday. Analysts polled by …
James Hardie lowers annual profit forecast on inflation hit
By Riya Sharma (Reuters) -James Hardie cut its annual profit forecast on Tuesday, marking a dramatic shift in stance from the world’s top fibre cement …
EV maker Lucid halves 2022 production forecast as supply chain snarls hit
(Reuters) – Lucid Group on Wednesday halved its production forecast for electric vehicles, blaming extraordinary supply chain and logistics challenges, sending its shares down 10% …
BofA lowers 2023 forecast for Mexico economy, cites potential recession
MEXICO CITY – Bank of America has downgraded its 2023 growth forecast for Mexico’s economy to 0% from 1% amid a potential U.S downturn, analysts …
Investors swipe left on Match after Tinder CEO departure, poor forecast
(Reuters) – Match Group Inc was on track to shed a fifth of its value following the sudden departure of its Tinder unit head and …
French services growth slowed less than first forecast in July -final PMI
PARIS – Growth in France’s services sector weakened by less than initially expected in July, yet inflationary pressures were likely to weigh in the near-term …
Colombia July inflation forecast ever closer to double digits: Reuters poll
By Nelson Bocanegra BOGOTA – Colombia’s inflation is forecast to have maintained its upward trajectory in July, rising almost to 10% amid supply issues and …
Mexico’s Cemex posts earnings drop, cuts operating profit forecast
By Kannaki Deka and Isabel Woodford (Reuters) – Mexican cement producer Cemex SAB de CV on Thursday posted a near 2% fall in second-quarter earnings …